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This is how the SEPP subsidy works for electric cars with private lease -

If you buy an electric car, you can claim a SEPP subsidy. But many people do not know that you can also receive this EV subsidy with private leasing. We explain how that works.

A small refresher course: the SEPP (Subsidy Scheme for Electric Passenger Cars for Private Individuals) has been in place since 2020 to make purchasing electric cars more attractive. The government hoped to use this subsidy to reduce the gap between the prices of EVs and cars with a combustion engine. The original plan was that the subsidy would be awarded for five years. If that plan is upheld, 2024 will be the last year it will be paid out. The subsidy is intended for both new and used cars, but the amounts are not the same.

Year Amount (new car) Amount (occassion)

2020    4.000                                         2.000

2021     4.000                                         2.000

2022    3.350                                         2.000

2023    2.950                                         2.000

2024    2.950                                         2.000

The SEPP subsidy amounts


The new Fiat 500

Discover the city in style. Get into the 100% electric Fiat 500 from €359 per month and benefit from €2950 government subsidy.

How does the SEPP subsidy work with private lease?

The amounts in the table are not only paid out when purchasing an EV, but also when privately leasing an electric car. That works as follows. In the case of private lease, the subsidy is paid out monthly. The term of the private lease agreement is at least 12 months. You can receive a subsidy for a maximum of 48 months. Your lease agreement may be longer, but the subsidy stops after 48 months.

If you apply for a subsidy for a private lease contract for a new car now or in 2024, you can expect a monthly amount of € 61.46 (2,950 euros divided by 48 months). This is a fixed amount and is therefore the same regardless of duration of your contract. If your contract runs for a period of less than 4 years, the subsidy simply stops after the agreement has been terminated. If you choose a longer contract, the subsidy stops after 4 years.

How do I qualify for the subsidy with a private lease contract?

The same conditions that apply to the SEPP subsidy when you buy an EV also apply when you want to privately lease an electric car. For example, the lease agreement must have been concluded on or after January 1 of the year in which you apply for a subsidy and the agreement must be in your name.

The car in question must have a range of at least 120 kilometers and a list price between 12,000 and 45,000 euros. Finally, the leasing company you enter into the contract with must be affiliated with it Private Lease quality mark.

The Netherlands Enterprise Agency (RVO) has a list of cars eligible for the SEPP. Please note that the subsidy will only be paid out as long as there is still money in the subsidy pot. At the time of writing this article, nothing is happening yet for new cars. Of the original 67 million euros, approximately 30 million is still available. For electric used cars, the 2023 pot is almost empty.

From January 9, 2024, 58 million will again be available for new EVs, and 29,400,000 euros will be added to the subsidy pot for second-hand electric cars.

Private lease electric car

A electric car private lease via the Auto Review comparator. Many of these cars are eligible for subsidies.

This post was last modified on November 10, 2023 2:16 pm


Dreamer is what I am, but unlike many, I struggle to make my dreams come true. I own, seo, admin and site editor. I am a father, married, Christian, Northeastern/Brazil and Libran. I love cars <3

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